USDJPY Summary
Target Level 100.5645
Target Period 8 days
Stop Level 96.218
Analysis
Broke through Resistance level of 99.185 at 07-Nov-16:00 GMT+1
GBPUSD Summary
Target Level 1.6257
Target Period 4 days
Stop Level 1.5904
Analysis
Flag identified at 06-Nov-00:00 GMT+1. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.626 within the next 4 days.
Supporting Indicators
Upward sloping Moving Average
Resistance Levels
(B) 1.6257 Last resistance turning point of Flag.
Support Levels
(A) 1.5904 Last support turning point of Flag.
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http://technicalanalysis.lqdmarkets.com/AUDJPY off Monday – may have more downside to endure before correction is over; 92.10 target
With the Asian equity markets on the rise (“risk-on”), the natural thought is that the Yen would be tumbling – thereby boosting the AUD/JPY.
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